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REGISTERED NUMBER: 14011534 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 30 MARCH 2022 TO 31 MARCH 2023

FOR

ENDINE SOLAR LIMITED

ENDINE SOLAR LIMITED (REGISTERED NUMBER: 14011534)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 30 MARCH 2022 TO 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ENDINE SOLAR LIMITED

COMPANY INFORMATION
FOR THE PERIOD 30 MARCH 2022 TO 31 MARCH 2023







DIRECTORS: S W Moore
Thames Street Services Limited





REGISTERED OFFICE: 6th Floor St Magnus House
3 Lower Thames Street
London
EC3R 6HD





REGISTERED NUMBER: 14011534 (England and Wales)

ENDINE SOLAR LIMITED (REGISTERED NUMBER: 14011534)

BALANCE SHEET
31 MARCH 2023

Notes £
FIXED ASSETS
Tangible assets 4 15,247

CURRENT ASSETS
Debtors 5 3,049
Cash at bank 281,703
284,752
CREDITORS
Amounts falling due within one year 6 (4,655 )
NET CURRENT ASSETS 280,097
TOTAL ASSETS LESS CURRENT
LIABILITIES

295,344

CREDITORS
Amounts falling due after more than
one year

7

(300,000

)
NET LIABILITIES (4,656 )

CAPITAL AND RESERVES
Called up share capital 8 1
Retained earnings 9 (4,657 )
SHAREHOLDERS' FUNDS (4,656 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ENDINE SOLAR LIMITED (REGISTERED NUMBER: 14011534)

BALANCE SHEET - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2024 and were signed on its behalf by:





Thames Street Services Limited - Director


ENDINE SOLAR LIMITED (REGISTERED NUMBER: 14011534)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 30 MARCH 2022 TO 31 MARCH 2023


1. STATUTORY INFORMATION

Endine Solar Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the application of accounting policies and reported
amounts of assets, liabilities, income and expenses. Actual results may differ from these
estimates.

Estimates and underlying assumptions are reviewed on an on-going basis. Estimates are
based on historical experience and other assumptions that are considered reasonable in the
circumstances. The actual amount or values may vary in certain instances from the
assumptions and estimates made. Changes will be recorded, with corresponding effect in
profit or loss, when, and if, better information is obtained.

Information about assumptions and estimation uncertainties that have a significant risk of
resulting in a material adjustment within the next financial year are included below. Critical
judgements that management has made in the process of applying accounting policies
disclosed herein and that have a significant effect on the amounts recognised in the financial
statements relates to the following:

Going concern
The directors have reviewed the performance of the Company during the year as set out in
these accounts and, after taking account of possible changes that can reasonable be
envisaged in trading performance, have considered the cash flow forecasts and future
liquidity requirements of the company.

Having regard to the above and after making enquires the directors have a reasonable
expectation that the Company has adequate resources to continue in operational existence
for at least 12 months from the date of signing the accounts. Accordingly, they continue to
adopt the going concern basis in preparing the annual report and accounts.
The directors have adopted the going concern basis in preparing the financial statements. In
assessing whether the going concern assumption is appropriate, the directors have taken into
account all relevant information about the future.


ENDINE SOLAR LIMITED (REGISTERED NUMBER: 14011534)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 30 MARCH 2022 TO 31 MARCH 2023


Useful lives of depreciable assets
Management reviews its estimate of the useful lives of depreciable assets at each reporting date,
based on the expected utility of the assets.

Tangible fixed assets
Tangible fixed assets are stated at cost net of depreciation and any provision for impairment.
Depreciation commences on the date that the asset is brought into use.

Historical cost includes expenditure that is directly attributable to bringing the asset to the
location and condition necessary for it to be capable of operating in the manner intended by
management.

Depreciation is charged so as to allocate the cost of assets less their residual value over
their estimated useful lives, using the straight-line method.

Financial instruments
Financial instruments are recognised in the company's balance sheet when the company
becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial
statements, when there is a legally enforceable right to set off the recognised amounts and
there is an intention to settle on a net basis or to realise the asset and settle the liability
simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at
amortised cost using the effective interest method unless the arrangement constitutes a
financing transaction, where the transaction is measured at the present value of the future
receipts discounted at a market rate of interest. Financial assets classified as receivable
within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies
and preference shares that are classified as debt, are initially recognised at transaction price
unless the arrangement constitutes a financing transaction, where the debt instrument is
measured at the present value of the future payments discounted at a market rate of
interest. Financial liabilities classified as payable within one year are not amortised

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


ENDINE SOLAR LIMITED (REGISTERED NUMBER: 14011534)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 30 MARCH 2022 TO 31 MARCH 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
Additions 15,247
At 31 March 2023 15,247
NET BOOK VALUE
At 31 March 2023 15,247

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
VAT debtor 3,049

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Amounts owed to group undertakings 4,655

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£
Amounts owed to group undertakings 300,000

ENDINE SOLAR LIMITED (REGISTERED NUMBER: 14011534)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 30 MARCH 2022 TO 31 MARCH 2023


8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal
value: £
1 Share capital 1 1

9. RESERVES
Retained
earnings
£

Deficit for the period (4,657 )
At 31 March 2023 (4,657 )

10. ULTIMATE CONTROLLING PARTY

The immediate parent company is Grande Lago Holdco Limited, a company incorporated in
England and wales.

The Company's ultimate parent and controlling entity is Bagnall Energy Limited, a company
incorporated in England and Wales. The consolidated financial statements of Bagnall Energy
Limited can be obtained from that company's registered office: 6th Floor, St Magnus House, 3
Lower Thames Street, London, England, EC3R 6HD